Banks' Gross NPAs May Rise To 9.5% In Severe Stress Scenario By September 2022
NDTV
Gross non performing assets of banks may rise from 6.9 per cent in September 2021 to 9.5 per cent by September 2022 under severe stress scenario
Gross non performing assets (GNPAs) of banks may rise from 6.9 per cent in September 2021 to 8.1 per cent by September 2022 under the baseline scenario, while under the severe stress scenario they may rise to 9.5 per cent.
This has been revealed by the financial stability report of the Reserve Bank of India (RBI).
However the report also said that scheduled commercial banks would have sufficient capital, both at the aggregate and individual levels, even under stress conditions.
It further said that emerging signs of stress in micro, small and medium enterprises (MSME) and also in the micro finance segment call for close monitoring of these portfolios in the future.
